MCC: Tuition hike on the horizon
CRYSTAL LAKE – McHenry County College students likely can expect a tuition increase next year if trustees approve a $3 per credit hour hike that was discussed Tuesday.
A $3 increase would bring the cost per credit hour from $99 to $102. MCC falls behind other community colleges in the state where the average cost per credit hour is $107.89, according to the Illinois Community College Board.
The college needs to look at tuition increases to bridge projected revenue gaps, MCC's Chief Financial Officer Bob Tenuta told the board. Future deficits could occur as a result of decreased funding from the state, property taxation limits and annual fund transfers for deferred maintenance, he said.
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